Cost of Living in Little Rock, AR
Cost of Living in Little Rock, AR | Compared to State Average | Compared to National Average |
---|---|---|
Housing (Buy and Rent) | 5% higher | 17% lower |
Utilities (Monthly) | 2% higher | 0% |
Food | 2% higher | 4% lower |
Healthcare | 5% lower | 20% lower |
Transportation | 3% lower | 8% lower |
Goods & Services | 6% higher | 8% higher |
The cost of living in Little Rock, AR is 4% higher than the state average and 4% lower than the national average. Little Rock, AR housing is 17% cheaper than the U.S average, while utilities are about 0% . When it comes to basic necessities such as food and clothing, groceries are around 8% more in Little Rock, AR than in the rest of the country, while clothing costs around 8% more .
Healthcare services such as doctor check-ups and dentistry cost 20% less here compared to the U.S. average. At the same time, non-necessary expenses such as entertainment and grooming services are 8% pricier in Little Rock, AR.
Housing is the most significant expense for most American households. The cost of living in a certain city takes into account both the price of rent and the price of a home. The average monthly rent in Little Rock is $953, while home prices circle around $401,206.
Both owning and renting come with utility expenses. These costs include basic services such as energy and telecommunications. In Little Rock, energy bills cost around $171.45 per month.
Food is the most important necessity and its cost varies around the country. This section includes the prices of everyday foods such as produce, meat and dairy. A bottle of milk costs about $2.75 in Little Rock, a dozen eggs go for around $2.80 and a pound of potatoes circles around $3.75.
The benchmark for this category is based on the prices of family doctor visits and specialized services such as optometry. In Little Rock, an optometry check-up costs around $97.13, while a dentist appointment is priced $62.58 on average.
Transportation expenses depend on multiple factors, with fuel being the most important. A gallon of gas is priced around $3.39 in Little Rock, while getting your tires balanced will run you about $53.45.
The cost of clothing tells you how much more or less money you need to buy basic items such as jeans, shirts or slacks in a new city. A men's shirt costs around $36.62 here. Meanwhile, a pair of women's slacks will set you back around $36.92.
The cost of entertainment and everyday services is based on common expenses in each category. For a movie ticket in Little Rock, you should budget around $12.91 a month. When it comes to personal services, a haircut usually goes for $28.92, while dry cleaning costs about $13.10.
The cost of living also takes median household income into account, so you can estimate how much more or less you could be earning in a new city by comparing it to the income in your current area. In Little Rock, the median household income is $58,697.